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Companies using a just-in-time inventory system will need to have their vendors close by. They will also need to have a lot of vendors and suppliers.

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Related Questions

What you need to open sprinkler company?

To open a sprinkler company you will need a business plan, a location, customers, and inventory. You will likely need licensing if you are working within a municipality.


What happened to the missing items that suddenly disappeared from the inventory?

The missing items that disappeared from the inventory were likely stolen or misplaced.


Which type of organization would most likely have work-in-process inventory?

Manufacturing organizations are most likely to have work-in-process inventory. This type of inventory represents partially completed goods that are still in production but not yet ready for sale.


Why are suppliers interested about the business?

It is in the best interest of suppliers if the companies that they sell to do well. Many suppliers attempt to create long-term relationships with customers in order to get repeat business. The better their regular customers perform, the more likely the suppliers are to get repeat business.


What is the inventory system in accounting?

Inventory system is more likely recorded in the Balance Sheet section in accounting. It will not be at the Profit and Loss section.


Inventory method that least likely mimics actual physical flow of inventory?

FIFO method where the older items are sold first.


An auditor selected an inventory item on the warehouse floor test counted it and traced the count to the final inventory compliation The auditor most likely was testing the?

The Auditor was maybe testing the warehouse inventory counts and who maybe in control on the inventory control


Which type of organization would most likely have work-in process inventory?

A manufacturing company


Which type of organization would most likely have work in process inventory?

A manufacturing company


Constantine MOST LIKELY chose the location for Constantinople because the location?

A


What companies would be more likely to use the specific identification inventory costing method?

walmart


What is the meaning of '3c' marked on the buttplate of a French m1842 musket?

Most likely a inventory or unit marking.